Tustin CA Real Estate Market Report- January 2012

Tustin, CA Real Estate Market Report

For The Month Of January, 2012

Active Real Estate Listings in Tustin, CA = 166

• Lowest priced property for sale in Tustin, CA - $117,500.00
• Highest priced property for sale in Tustin, CA - $3,750,000.00

Tustin, CA Active Real Estate Listings By Property Type:

• 95 Single Family Residence
• 71 Condo/Townhouse
• 0 Other (Land, Mobile Home, Mixed Use Property, etc...)

Tustin, CA Active Real Estate Listing By Sales Type:

• 95 Standard
• 6 REO*
• 58 Short Sale**
• 7 Other (Relocation Sale, Probate Sale, etc...)

Tustin, CA Active Real Estate Listings By Price Range:

• 72 Tustin properties priced above $500,000.00
• 94 Tustin properties priced at or below $500,000.00

Tustin, CA Properties In Pending And Back Up Status = 131

Pending Tustin Properties By Sales Type:

• 30 Standard
• 19 REO*
• 79 Short Sale**
• 3 Other (Relocation Sale, Probate Sale, etc...)

Tustin, CA Properties Sold in January 2012 = 50

• Lowest Placentia real estate sale - $114,000.00
• Highest Placentia real estate sale - $2,225,000.00

What can you get for your money in Tustin, CA?

For $114,000.00 you can buy a condo in Tustin, California, with the following features and amenities:

• 1 Bedroom
• 1 Bath
• 696 SF
• Built in 1968
• Needs Updating
• Located Close to Old Town Tustin
• 92780 Zip Code

For $2,225,000.00 you can buy a home in Tustin, California, with the following features and amenities:

• 5 Bedrooms
• 7 Baths
• 5,400 SF
• 20,000 SF Lot
• 5 Car Attached Garage
• Built in 2000
• Upgraded Throughout
• Pool House
• Rock Pool & Spa With Waterfall & Slide
• Outdoor Fireplace
• Built In BBQ
• Outdoor Kitchen
• City Lights, Hills & Catalina Island Views
• Located in Tustin Ranch Estates
• Beckman High School
• 92782 Zip Code

Tustin, CA Properties Sold By Sales Type:

• 20 Standard Sales
• 5 REO Sales*
• 24 Short Sales**
• 1 Other (Relocation Sales, Probate Sales, etc...)

*REO: Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale: Properties that are still owned by the borrower, however the borrower is attempting to sell the property for less than what is owed to the lender, which the lender must approve.

Information contained in this market report was compiled from available MLS data as of February 1st, 2012.

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